tiprankstipranks
Advertisement
Advertisement

HMC Capital Director Increases Equity Stake via Board Fee Rights

Story Highlights
  • HMC Capital director Gregory Hayes increased his direct shareholding by exercising rights in lieu of board fees.
  • The equity-based remuneration move boosts Hayes’ stake and reinforces alignment between directors and shareholders at HMC Capital.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
HMC Capital Director Increases Equity Stake via Board Fee Rights

Claim 55% Off TipRanks

An update from Home Consortium Ltd ( (AU:HMC) ) is now available.

HMC Capital has disclosed a change in director Gregory Hayes’ interests, with his direct holding increasing through the exercise of rights to acquire fully paid ordinary shares in lieu of board fees for the 2026 financial year. Following the transaction, Hayes now holds a larger direct stake in HMC Capital while his indirect holdings via the Hayes Family superannuation structure remain unchanged, underscoring ongoing alignment of board remuneration with shareholder interests.

The adjustment arose from the first tranche of two under the Non-Executive Director Equity Plan, with 7,846 new shares acquired and no shares disposed. This move modestly increases director equity exposure and reinforces the company’s practice of compensating non-executive directors in part through equity, which can support long-term governance and shareholder value alignment.

The most recent analyst rating on (AU:HMC) stock is a Hold with a A$3.20 price target. To see the full list of analyst forecasts on Home Consortium Ltd stock, see the AU:HMC Stock Forecast page.

More about Home Consortium Ltd

HMC Capital Limited is an Australian investment manager listed on the ASX under the ticker HMC. The company focuses on capital management and investment activities, with its securities including fully paid ordinary shares and rights to acquire shares, and is overseen by a board that utilises equity-based remuneration structures for non-executive directors.

Average Trading Volume: 2,359,077

Technical Sentiment Signal: Sell

Current Market Cap: A$1.3B

See more insights into HMC stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1